$BTC 4H: range support breakdown targets the prior low
Price closed sharply below the recent consolidation floor. Continued acceptance beneath that area confirms this paper short setup. A sustained reclaim above the breakdown zone invalidates it.
Paper trade, 4H short:
→ entry $83,722.67
→ target $82,563.00 (R:R 1.6)
→ invalidation $84,450.00
#TechnicalAnalysis #PaperTrading
Sharing my read, not advice. DYOR.
Price closed sharply below the recent consolidation floor. Continued acceptance beneath that area confirms this paper short setup. A sustained reclaim above the breakdown zone invalidates it.
Paper trade, 4H short:
→ entry $83,722.67
→ target $82,563.00 (R:R 1.6)
→ invalidation $84,450.00
#TechnicalAnalysis #PaperTrading
Sharing my read, not advice. DYOR.